DAILY COMMODITY MARKET STRATEGY-27 january


BASE METAL WRAP: Nickel declined for a third day on speculation that Indonesia, the top producer from mines, may not impose a complete ban on ore shipments, easing supply concern.

ENERGY WRAP: West Texas Intermediate sustained its biggest weekly gain of the year as freezing temperatures in the U.S. boosted demand for heating oil. Natural gas rose for a fifth day and was poised for the highest close in almost four years as freezing weather in the U.S. boosted demand for heating fuel.

PRECIOUS METAL WRAP: Gold rallied to a two-month high, extending the longest run of weekly gains since September 2012, as a rout in emerging-market assets fueled demand for a haven.

GLOBAL EVENTS TO WATCH: German Ifo Business Climate, Flash Services PMI, New Home Sales.


COMMODITY AGRI COMMODITY
CS COPPER (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:451
SUP2:443
RESIST1:462
RESIST2:468
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS CHANA (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:2950
SUP2:2850
RESIST1:3030
RESIST2:3090
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927 +919977499927
CS CRUDE (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:6000
SUP2:5930
RESIST1:6135
RESIST2:6174
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS JEERA (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:12440
SUP2:12360
RESIST1:12950
RESIST2:13540
TRADING STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM +919200099927
CS GOLD (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:29450
SUP2:29390
RESIST1:29890
RESIST2:30015
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:6920
SUP2:6820
RESIST1:7250
RESIST2:7712
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SILVER (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:43560
SUP2:42430
RESIST1:45740
RESIST2:46700
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SOYABEAN (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:3842
SUP2:3800
RESIST1:3915
RESIST2:3950
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927

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